Most Common Affiliate Mistakes
Affiliate marketing is one of the most effective and low cost ways to start earning money online. An affiliate program gives everyone involved a chance to make a profit using the Internet. Since most affiliate marketing programs are so easy to join, get going and then offer a generous commission per sale on a scheduled basis, more an more people are becoming involved with this business everyday.
However, like any other business, there are a number of pitfalls with the affiliate marketing business. When you practice any one of the 3 most common affiliate mistakes, it will cost you a large portion of potential profit you could be making every day. That is why it is better to know and avoid them than be sorry in the long run.
Mistake #1: Choosing the wrong affiliate product
Like most people, you want to start earning money with affiliate marketing as fast as possible. However, when you rush to be part of one, you most likely will “jump-in” to promote a bandwagon product.
This is the kind of product that other promoters think is “hot”. They choose the product because of the demand without actually considering if the product is good or even appeals to them. This is not a very smart move obviously.
Instead of jumping on the bandwagon, select a product in which you are truly interested in, one you would consider buying yourself. For any effort to succeed, you should take some time to plan and figure out what it is you want to accomplish.
First, pick a product that appeals to you. Then do some research about that product to see if it is in demand and worth the effort. By promoting a product you are more passionate about makes it easier than promoting one for the sake of just making money only.
Mistake #2: Joining too many affiliate programs at once
Since most affiliate programs are so easy to join, you might be tempted to join a number of those programs in hopes of maximizing the earnings you will be getting. Besides you may think that there is nothing wrong with it and have nothing to lose by being part of many affiliate programs.
It is true, that this can be a great way to create multiple sources of income. However more often than not, joining multiple programs and attempting to promote them all at the same time will prevent you from properly focusing on any one of them.
The result? The maximum potential you had hoped to gain is not realized and the income generated will not be as big as you were thinking it initially would be, if at all.
The best way to achieve profitable results is by joining just one program and promote a quality product that pays at least a 40% commission to start. A product you believe in. Then give it your full attention by promoting your product with enthusiasm. Once you see that it is making a reasonable profit, then maybe you can expand to another affiliate product or program.
This method helps you to keep focused and consistent. There is really no need to rush into things, especially when it comes to affiliate marketing. The future for affiliate marketing remains bright and it will continue to be here for a long time.
Mistake #3: Not buying the product or using the service
As an affiliate marketer, your MAIN PURPOSE is to effectively and convincingly promote a product or service and to find interested customers.
For you to achieve this purpose, you must relate to customers what that certain product or service is about and how it will benefit them. It becomes much more difficult for you to do this if you have not tried it out yourself.
The result will be a lack of conviction on your part and a failure to promote and recommend it to them convincingly. In turn your customers will see through your attempt and be turned off to that offer and you further jeopardize any future attempts to reach them.
Buy or at least trial the product or service personally first before signing up as an affiliate to make sure that it is really delivering on what it promises. By doing this, you become one of the credible and real testimonies to it and can relate to its advantages and disadvantages.
When you do this, your customers will sense your sincerity and be more eager to try it out for themselves which lead to more sales and commissions for you.
Unfortunately, a number of affiliate marketers make these 3 most common affiliate mistakes and continue to fail in their efforts. A good reason why a high percentage of these marketers fail to make any money at all. Make sure you don’t fall into the same category they do, avoid making those same mistakes and you will be that much further ahead.
Also remember time is the key. Take your time to analyze the marketing you like, develop a strategy and make sure you are on the right track. When done properly, you will maximize your affiliate marketing efforts and earn higher profits.
If you are interested in discovering more about affiliate marketing, just starting out, or you are unsure how to get going, then I recommend signing up for the Free Smart Affiliate Marketing eCourse below…